New Home Sales for October slipped 0.3% to an annual rate of 368,000 units, way below expectations. The average selling price was $237,700 up 5.7% year over year. The inventory of new homes rose
The US economy grew 1.7% in the second quarter according to the preliminary reading. The advanced reading out a month ago pegged GDP growth at 1.5% in the second quarter. The Dow Jones Industrial
The S&P Case Shiller Home Price Index (the 20-City Composite) rose 0.5% year over year in June, up 2.3% versus May and posted a quarter over quarter gain of 6.0%. The Conference Board’s
Final Real GDP came in at 3.0% for the 4th quarter if 2011. There were benchmark revisions to Initial Jobless Claims with the recent reading at 359,000 the lowest since April 2008. What this means
